SEOUL, Nov.11 (Korea Bizwire) – Hyundai Motor has revealed its new premium luxury sedan, the Genesis EQ900. The vehicle is equipped with cutting edge technology, from autonomous features to first class VIP seats that adjust to the posture of the driver. The EQ900 is the fruit of a project carried out with the participation of [...]
SEOUL, Nov. 10 (Korea Bizwire) – Hyundai Motor Co. Vice Chairman Chung Eui-sun bought an additional stake in the country’s leading automaker on Tuesday as part of efforts to tighten his grip on the company and protect shareholders’ value, the company said. Chung, the son of Hyundai Motor Group Chairman Chung Mong-koo, spent nearly 300 [...]
SEOUL, Nov. 2 (Korea Bizwire) - Hyundai Motor and the Seoul Metropolitan Government have opened a new car-themed playground at Seoul Grand Park. The car manufacturer opened the children’s theme park, called ‘Cha-car Cha-car playground’, at Seoul Grand Park on October 29. The playground is part of a donation made by Hyundai Motor as the [...]
SEOUL, Nov. 1 (Korea Bizwire) – Hyundai Motor Co. and its corporate cousin Kia Motors spent more on sales promotions and incentives this year than in 2014 as they fight for market share with Japanese rivals, which are benefiting from the weak yen, a corporate report by the carmakers showed Sunday. According to the investor [...]
SEOUL, Oct. 27 (Yonhap) – South Korea’s No. 2 carmaker Kia Motors Corp. said Tuesday it will run an ad during next year’s Super Bowl to promote its vehicles in the world’s No. 2 car market. Kia Motors said it will run the commercial during the Super Bowl on Feb. 7, 2016, marking the seventh [...]
HWASUNG, Oct. 14 (Korea Bizwire) – Teams from Hyundai Motor Group have suggested various ideas about the future of motor vehicles. From automobile advancements to augmented reality (AR), Hyundai researchers are dreaming big as they envision future transportation. On October 13, the ’2015 R&D Idea Festival’ was held at Hyundai’s Namyang research center. Teams of [...]
SEOUL, Oct. 13 (Korea Bizwire) – A new piece of art created through a sponsorship from Hyundai Motors is being exhibited at Tate Modern in England. Hyundai Motor opened the ‘Hyundai Commission 2015′ at Tate Modern, an international museum of modern art located in London, England. The exhibit continues until April 3, 2016, and introduces [...]
SEOUL, Oct. 5 (Korea Bizwire) — South Korea’s tech giant Samsung Electronics Co. ranked seventh in the world this year in terms of brand value, a global consultancy report showed Monday. According to the annual report compiled by Interbrand, Samsung Electronics came in seventh for this year, with its brand value estimated at US$45.3 billion. [...]
SEOUL, Sept. 25 (Korea Bizwire) — South Korea’s top carmaker, Hyundai Motor Co., said Friday that the latest editions of its Tucson sport utility vehicle (SUV) and the Sonata midsize family sedan have been named two of the safest cars by a U.S. motor institute. The two updated models won the Insurance Institute for Highway [...]
SEOUL, Sept. 18 (Korea Bizwire) — Prosecutors said Thursday they have indicted 10 people on charges of leaking component blueprints of Hyundai Motor Co., the country’s top carmaker, for the development of a Chinese automobile. The Seoul Central District Prosecutor’s Office said a 30-year-old man, identified only by his surname Cho, is suspected of siphoning [...]